Top 6 enterprise IT trends of May 2013
This article is a round up of the most trending stories in the past month such as cloud computing, business intelligence, social media. The latest news updates, tech stats, collaborations and mergers in the past month have been compiled to produce a monthly report.
1. Opportunities in Cloud computing: Cloud computing has garnered wide interest and a large number of Indian companies are embracing cloud-based collaborations, which leads to higher business performance. IT research firm IDC, states that the cloud computing market in India is expected to grow at a CAGR of 40 per cent by 2014. Last month, VMware announced VMware Cloud Hybrid Services (vCHS), Hitachi Data Systems (HDS) unveiled a set of new solutions and services that will help enterprises to adopt cloud and tackle BYOD and BSNL also launched its enterprise cloud services in India. A report by Parallels suggests service providers can profit by delivering cloud services to small and medium businesses (SMBs), and the Indian SMB cloud services opportunity in 2013 is worth Rs 16.9 billion.
In the cloud computing category, iPaaS is also expected to see huge growth index in the next few years. Cost factor and data security are the two main concerns faced by Indian companies. Although still at its early stages of adoption, cloud computing has generated a wave of awareness among Indian companies who are now slowly warming up to these services.
2. Embracing mobility: Organisations are readily embracing mobility due to increased employee productivity and enhanced user experience. BYOD is becoming a key enabler for improved efficiency in the workspace and 72 percent of security leaders have witnessed an increased demand for flexibility in using endpoint devices.
3. Growing Business Intelligence market: The trends in BI and Analytics include adoption of mobile BI, focus on in-memory analytics and emerging social media analytics according to businesswire.com. Of the key BI rollouts, Juniper Networks unveiled the Junos Network Analytics suite, a family of next-generation Big Data analytics and network intelligence solutions that now includes the BizReflex and NetReflex products. Simplify360, a Bangalore based social business intelligence vendor, will be providing Cloud and Big Data solutions to Brazil.
4. PC market witnessing a shift: IDC predicted that PC shipment worldwide is likely to fall by 7.8 per cent this year to 321.9 million, pointing out that users are increasingly seeking alternative computing devices such as tablets and smartphones to access data and information. However, the domestic computer market grew 3.5 per cent to 11 million units in 2012, compared to previous year. “In the face of ongoing challenges from a slowing economy and high inflation, the rise in consumer optimism is a welcome sign for the India PC market,” IDC research manager Kiran Kumar said.
5. Social media users to grow in APAC region: In social media news, mobile app developers are embracing cloud back-end services. Over-The-Top (OTT) messaging traffic on chat apps like WhatsApp has surpassed the P2P SMS text traffic for the first time since 2012, according to data from Informa Telecoms & Media.
The APAC region is the biggest users of social media and according to new estimates from eMarketer, Facebook will cross 1 billion active users worldwide in 2013 as the company sees particularly strong growth in its Asia-Pacific, Middle East and Africa, and Latin American user bases, with each region set to rise by about 30 per cent or more this year. However, the US, UK and Western Europe registered lower growth margins than emerging markets.
6. Increasing importance of cyber security: External threats and rise in the number of malware incidents are forcing companies to take initiatives to invest in computer security. Trends like Bring your own Device (BYOD) demand greater security practices. Gartner reports that the worldwide security software revenue totaled $19.2 billion in 2012, which is a 7.9 per cent increase since 2011.
Top 5 IT firms in India
According to a report by Gartner 2013, Cognizant posted the highest growth rate of 20.1 per cent in revenues among the top five India-based IT service providers of 2013. TCS leads the IT services providers with net profits of $10.9 billion, followed by Cognizant ($7.1 billion), Infosys ($6.7 billion), Wipro ($5.7 billion) and HCL Technologies ($3.9 billion) in 2012. The top five Indian IT service providers grew 13.3 per cent to reach $34.3 billion, exceeding the IT services industry growth of 2 per cent.
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